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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Investor-ex! who wrote (20261)	6/13/1998 12:46:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 94695

re employment in the valley: I cruised the westech job fair. I saw some interesting things: (1) lots of companies were there, I saw more small start-ups than ever (2) many of the companies really recruiting were out of the Bay area and were trying to use low housing costs to lure workers with critical skills out of the valley . (3) lot of booths were there for show, they were collecting resumes but did not seem to have any interest in actually talking to the prospective employees (this is commonly done as window-dressing or a way to find out what competitors are doing) (4) employers wanted entry-level employees with six-figure talent. (5) all 350 companies wanted the same programmer- a huge skills-mix problem between the talent pool and the available employment. (6) an ocean of Asians looking for jobs (much much more than usual) I do know that Lockheed Martin, National, Intel, DEC and AMAT are having huge voluntary/involuntary layoffs. But note that they are hiring at the same time. HWP is hard to tell, they have a large temporary and job-shop workforce so they can downsize and nobody would know. I don't think the real impact will be felt until we have some major correction hitting the DOW and S&P that causes the venture capital pool to try up.